What You Should Know:
- Outcomes4Me Inc., a Cambridge, MA-based developer of an Artificial Intelligence (AI)-powered platform to empower cancer patients to navigate their care, today announced it has raised $12 million in an oversubscribed Series A round led by Northpond Ventures, with participation from all existing investors, including Sierra Ventures, Asset Management Ventures, Merstal Ltd, IRA Capital, and others. Andrea Jackson, a Northpond Ventures Director, will
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Digital Therapeutics Startup Kaia Health Raises $75M to Optimize MSK & COPD Care
What You Should Know:
- Digital therapeutics company, Kaia Health, has raised $75M Series C round (total: $125M) to expand clinical capabilities and transform the treatment path for Musculoskeletal (MSK) and Chronic obstructive pulmonary disease (COPD) care in the U.S. and Europe.
- The Series C round was led by an unnamed leading growth equity fund with support from existing investors, including Optum Ventures, Eurazeo, 3VC, Balderton Capital, Heartcore Capital,
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Caresyntax Raises $100M to Expand Digital Surgery Platform in Key Markets
What You Should Know:
- Caresyntax, a Boston-based enterprise-level digital surgery platform delivering actionable insights to make surgery smarter and safer, today announced that it has closed a significantly oversubscribed $100 million Series C funding round led by PFM Health Sciences LP, which also included participation from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital Partners, Arno Capital, Rezayat Investments, as well as current investors IPF Partners,
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Direct Pay Healthcare Marketplace Sesame Nabs $24M to Expand its Nationwide Telehealth Offerings
What You Should Know:
- Sesame, a New York City-based direct-pay healthcare company, announced that it has raised an additional $24 million, bringing Sesame’s total capital raised to just under $50 million since its founding in 2019. New investments come from Giant Ventures, Industry Ventures and Coefficient Capital, along with existing investors like General Catalyst.
- Founded in 2018, Sesame’s platform connects patients and providers directly, providing clear, affordable prices
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Glytec Raises $21M to Fix Hospital Insulin Management
What You Should Know:
- Glytec announced $21M in funding today from Silicon Valley Bank, Savitr Capital and others to help address the challenge that 90% of hospitals in the U.S. face with insulin management.
- Glytec’s insulin management solution, eGMS helps providers track blood glucose data, detect and alert patients in glycemic disarray, provide personalized insulin dosing regimens, and get patients into target blood glucose range
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Accolade Acquires Virtual Primary Care Platform PlushCare for $450M
What You Should Know:
- Accolade, Inc. today announced an agreement to acquire PlushCare, a leading provider of virtual primary care and mental health treatment.
- Under the terms of the agreement, the purchase price of up to $450 million will consist of $40 million in cash, $340 million in Accolade common stock, and up to an additional $70 million of value payable upon the achievement of defined revenue milestones following the closing.
- The
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Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide
What You Should Know:
- Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels.
- Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Telehealth Startup PursueCare Raises $11M for Virtual Medication-Assisted Program
What You Should Know:
- Telehealth addiction treatment provider PursueCare announced it has raised a total of $11 million in Series A funding after an oversubscribed $7 million Series A2 capital raise. The round was led by OCA Ventures, Seyen Capital, Wasabi Investors and a syndicate of experienced healthcare investors.
-Founded in 2019, PursueCare, has experienced massive demand for its virtual Medication-assisted Treatment (MAT) programs for opioids and other substance use disorders
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses
What You Should Know:
- Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer.
- The company will apply the current investment to accelerate product innovation and hire new
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Current Health Lands $43M to Support Global Expansion of Remote Care Management Platform
What You Should Know:
- Today, Current Health, a Boston-based enterprise remote care management company announced that it has raised $43M in Series B financing. The Series B financing, which comes from top healthcare and pharma VCs, such as NorthPond Ventures and LRV Health, as well as a leading hospital system, OSF Innovation, will help the company grow on a global scale as it aims to serve as mission control for healthcare delivery taking place outside of the hospitals four walls.
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